France

Europe’s new iron curtain

The last 24 hours have yielded no agreement in Europe, and they have seen David Cameron’s ambitions decline (he appears resigned to the fact that EU spending will not be limited to 886bn euros, his original objective); but they have also demonstrated that Britain is far from alone at the diplomatic table. David Cameron has been able to forge pragmatic alliances and exert diplomatic pressure precisely. For example, his latest tactic at the budget discussions is to appeal to the downtrodden nations of southern Europe by insisting that the EU’s bureaucracy take its own medicine by raising retirement age and cutting jobs and reducing the final salary pension cap. The EU

The EU wins the Nobel Peace Prize

Today is not April the first; but the European Union has indeed won the Nobel Peace Prize. It is a bizarre decision given what is going on in Europe right now. Watching the reaction of the Greek crowd to Angela Merkel on her visit there this week, it was hard not to worry that the European project was now a threat to peace and stability on the continent. To be sure, France and Germany have not gone to war again since 1945. But to chalk that up solely to the European Union is a profound misreading of history. I suspect that the decision to award the prize to the European

Richard Millet and the nihilism of multiculturalism

It’s the last day of banned book week but perhaps we should spare a thought for banned editors. An editor at Éditions Gallimard, who worked on Jonathan Littell’s The Kindly Ones, recently published three essays (with another house). The first, an account of his amorous adventures in Amsterdam, and the second, ‘Ghostly Language’, are, according to the author, to be kept in mind when tackling the final essay ‘Antiracism as the Literary Terror’ and the appendage, his pièce de resistance, ‘The Literary Eulogy of Anders Breivik’. That, in sum, is why Richard Millet is – for all the wrong reasons – one of the most famous essayists in France right

Frank Johnson, a magnum and me

The 1996 Spectator/ Shiva Naipaul Memorial Prize was won by Miranda France. Here, she shares her experience of winning the award and visiting the Spectator office and then-editor Frank Johnson to get her £3,000 cheque.   Miranda France has since had four books published. Her Shiva Naipaul-winning entry, ‘Bad Times in Buenos Aires’, can be read here. To find out more about the Shiva Naipaul award, and how you can enter, click here.     I clearly remember the day I won the Shiva Naipaul prize in 1996. My husband and I were renting a place off London’s south circular, a slightly grim maisonette where cushions were attached to the

The Robin Hood tax, unlike Olympic archery, won’t hit its target

The Robin Hood tax has galloped into France, and once again Britain is being pressured to introduce the same thing in its financial sector. It’s a thankless job defending the City at the moment, what with UK banks mired in one scandal after another and Libor-gate still unresolved, but the UK must stand firm in rejecting a tax that, in the words of George Osborne, would be ‘economic suicide for Britain’. François Hollande has slapped a 0.2 per cent levy on share trading in France, a precursor to a wider European law. Technically a financial transactions tax, ‘Robin Hood’ taxes are so-called because they aim to redistribute wealth from the

‘Communism’ vs socialism

Two bits of interesting news yesterday: 1. France – while the eurozone is in financial meltdown – is allowing some of its workers to retire early; 2. China – while the eurozone is in financial meltdown – is on a shopping spree, buying European assets on the cheap. Perhaps there we have, in a nutshell, the pattern of what is to follow in the coming months. Francois Hollande’s lowering of the pension age by two years to 60 applies to only a small class of workers, but it appears to be just the start of a slew of changes to employment laws — today, his government announced it would make

EXCLUSIVE – Giscard d’Estaing: Hollande will fail

Valéry Giscard d’Estaing is an energetic 86-year old. When we meet in Paris, for the first interview he’s given since the Socialists took power earlier this month, the former French president is fresh off the plane from a hunting trip in Namibia. Soon, he’ll hop on another flight bound for China, where he heads a think tank.   Giscard still holds the record for being the youngest president of the Fifth Republic – he was 48 when he took the keys to the Élysée. But there’s another claim to fame he’ll be glad to have relinquished – until Sarkozy’s defeat, he was the only recent leader not to win a

All eyes on Hollande

Have you noticed the weird hold that François Hollande has over our politics? If you haven’t, then let me tell you: his name has been almost inescapable in Westminster over the past couple of weeks. Even in PMQs this week, David Cameron and Ed Miliband couldn’t resist of spot of Hollandery. Behind-the-scenes, too, there is much consideration being given to how the new French President should be treated. Political strategists recognise, as I’ve suggested before, that his election could be a significant moment in the life of the Eurozone and the European Union. Potentially, it’s the moment when the supranational consensuses of the past couple of years broke down, leading

Fraser Nelson

Why reason doesn’t apply to the Eurozone

The Eurozone is a kind of lunacy if you look at it as an economic project. But this isn’t about economics, or rationality — it’s about emotion, as the leader in today’s Telegraph says. The Brits and Americans often fail to understand this fully because we judge a currency union in terms of its economic merits. But many European nations see it as part of another, wider, agenda. For the Spanish and Portuguese it’s about not going back to dictatorship. For Greece it’s about being Western rather than Eastern (and not being run by the military). As John O’Sullivan wrote for The Spectator recently, Eastern European states still — even

Cameron injects some anger into a playful PMQs

Strange mood at PMQs today. Rather good-natured. Like a staff awayday with both sides joshing each other for fun. A Tory from the shires, Pauline Latham (Con, Mid-Derbyshire), stood up in her best garden-party dress and made this lament: ‘My constituents are having a very difficult time at the moment.’ Labour MPs cheered like mad. They wouldn’t have done that before the local elections. Cameron and Miliband were in a similarly playful mood. After an enforced separation of two weeks they seemed almost glad to see one other. Ed Miliband charmingly conceded that today’s drop in unemployment was welcome. And Cameron welcomed this welcome from his opponent. Miliband then teased

Let’s talk about this

What a strange place Britain has become. You sometimes need some time away to realise quite how strange. Take yesterday’s main story: the latest paedophile rape-gang case from the north of England. The judge in the trial told the men, during sentencing, that they had selected their victims ‘because they were not part of your community or religion’. But that is the sort of fact which causes the most terrible contortions in modern Britain. The perpetrators were all Muslim men of Pakistani origin and the victims all underage, white girls. We know exactly how we should think, how loud would be our proclamations and our desire to analyse the ‘root-causes’

Have the Milibands got Hollande fever?

We’ve grown so used to regarding Ed and David Miliband as mutual nemeses that it’s strange to see them operating as a tag team today. The younger brother has delivered a fiery attack on the ‘unfairness and economic failure’ of the coalition, while the elder brother has an article in the Mirror arguing that the government is ‘Wrong about how to grow the economy in the modern world’. There’s also another article by the latter in the Times (£), just in case you haven’t had your fill of MiliCommentary. Much of what they say is unsurprising, but some things do stand out from their twin attacks nonetheless. The first is

Can Merkel and Hollande meet in the middle?

This afternoon, it’s even clearer that the French and Greek elections are a significant moment in the life of the Eurozone. It’s not just the nervous market reaction to yesterday’s results, but also the way how the supranational debate has now changed. More so than ever, there are now two clear oppositional fronts. On one side, broadly speaking, are those who say that austerity is a prerequisite for growth. On the other, those who say that austerity must be relaxed for growth to arrive. It’s a situation dripping with black humour. When David Cameron kept Britain out of Europe’s fiscal pact a few months ago, it was portrayed as a

Fraser Nelson

Hollande, Cameron and the 21st arrondissement

While David Cameron has good cause to be glad of Sarkozy’s defeat, he has even better cause to be nervous about this trend of lefty nerds being elected. Much of the Cameroon’s re-election hopes are pinned on the idea that their boss will trounce the geeky Ed Miliband. Nowadays, the argument goes, these ex-special advisers who have no charisma and alarming leftist policies just don’t win modern elections. But, as Ben Brogan argued in the Telegraph last week, the French may well be about to prove that even dullards can get elected — if the incumbent fails to deliver the change he promised. At least Hollande says he’ll balance the

What Hollande’s victory means

Tonight’s election results mark the next challenge to the euro. In France, the Socialist candidate François Hollande has won. Having campaigned on changes to the fiscal compact, Hollande will have to deliver something on this front. But Angela Merkel, with her own elections next year, will not want to agree to anything that appears to be a watering down of the pact. I doubt, though, that there’ll be that much market reaction to Hollande’s victory. City sources say that it has been priced in for while and that there is an expectation that Hollande will merely accept some window-dressing about growth being added to the agreement. But what could set

May Day, May Day

There was a sense of urgency, even emergency, in many countries on May 1 this year. The goings-on in the UK were muted in comparison: France Presidential incumbent Nicolas Sarkozy staged a rally in front of the Eiffel Tower called ‘The Feast of Real Work’, to counter the traditional show of heft by the left. ‘Put down the red flag and serve France!’ he shouted to the unions. His campaign claims a turnout of 200,000. The left was irritated by Sarkozy’s hijack of their celebration, and his insinuation that they don’t understand what work is. The far right, led by a scornful Marine Le Pen fresh from rejecting an overture

James Forsyth

Fears heighten as the Eurocrisis rumbles on

For all the coverage of hacking, pasty tax and the like, the continuing crisis in the eurozone remains the most significant political story. Until it is resolved, it is hard to see how the UK returns to robust economic growth. I suspect that the market reaction to a Hollande victory will be limited as it is already pretty much priced in. Those expecting a degringolade will be disappointed. However, if Hollande does actually try and implement some of his more extreme ideas, the markets could take fright. What is far more worrying than France is Spain. There’s a growing sense of inevitability that the Spanish banks will need a bailout

Le Pen says ‘non’ to Sarkozy

Marine Le Pen didn’t achieve quite the shock result in this year’s French presidential election that some thought she might when a few polls showed her ahead of Nicolas Sarkozy. But, even though she didn’t make it through to this weekend’s run-off, the National Front candidate did win 17.9 per cent of the first round vote. That means there are 6.4 million Le Pen voters for Sarkozy and Francois Hollande to fight over, putting her in a potentially very influential position. Sarkozy — currently trailing Hollande by six to ten points in the polls — has been particularly keen to court those voters, saying in a radio interview today, for

Who’s Afraid of Marine Le Pen?

I suppose one should not be surprised that so much of the reaction to the first round of voting in the French presidential election has concentrated on Marine Le Pen. Fascists (or neo-fascists) are always good copy; far-right parties led by women are even better. Nevertheless, like so many other dramas there is less to this than might appear to be the case if you only read the headlines or listened to the BBC. Granted, Le Pen and FN won 17.9% of the vote in last Sunday’s first round. But what of it? In 2002 Marine Le Pen’s father won 17.8%. If this is the National Front on the march

Britain’s longest downturn

As of today, we now have four years’ worth of GDP figures since the UK first went into recession — and they don’t look pretty. By this point in the 1930s, we’d already fully recovered from the Great Depression. This time, we’re still more than 4 per cent below where we were at the start of 2008: And the international comparison isn’t very flattering either: